The world’s top Bitcoin mining application-specific integrated circuit (ASIC) manufacturer, Bitmain, is reportedly on the verge of opening its first US-based manufacturing plant.
According to a Tuesday Bloomberg report, Bitmain plans to open its first US-based ASIC manufacturing facility in the coming months. The company also reportedly plans to open new headquarters in Texas or Florida by the end of the third quarter of 2025.
Irene Gao, Bitmain’s global business chief, told Bloomberg that chip production is expected to begin in early 2026, with full-scale manufacturing anticipated by the end of that year. She said the move is intended to accelerate delivery and repair times for US-based customers.
Gao also called the United States’ push for Bitcoin dominance “a unique opportunity,” and said Bitmain plans to hire 250 local workers in the first phase of its rollout. These roles will include training in manufacturing and facility maintenance.
Bitmain did not immediately respond to Cointelegraph’s request for comment.
Related: US mining companies feel supply squeeze from Bitmain shipment delays
The news follows mid-June reports that Bitmain, Canaan and MicroBT — which collectively produce most of the world’s Bitcoin mining ASICs — are bringing production to the US in response to the hefty reciprocal tariffs imposed on China and a favorable crypto policy pivot by the Trump administration.
Together, the three companies control nearly the entire Bitcoin ASIC hardware market. A University of Cambridge study published in April found that Bitmain accounts for 82% of global Bitcoin ASIC production, with MicroBT and Canaan producing 15% and 2%, respectively.
Related: Bitmain-linked firm Sophgo denies supplying AI chips to Huawei
Producing in the US is also a potential solution to Bitmain’s past issues with US authorities. Back in late November 2024, the US Customs and Border Protection Agency halted the delivery of thousands of Bitmain ASICs.
The seizure followed an October investigation by US authorities into Chinese chip designer Xiamen Sophgo over an alleged business relationship with US-sanctioned company Huawei. The chip designer also supports Bitmain’s ASIC business, which has led US authorities to take action against this company as well. Authorities have started releasing the hardware in March.
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